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In 2000 a dedicated development division of Northern Trust was created to undertake commercial property development for retention in the Northern Trust portfolio.
Over 1.5m sq ft of the property portfolio has been developed or is under construction by the development division in over 30 locations.
The property development division has extensive knowledge of working with both the public and private sectors on sustainable mixed use Brownfield developments, with many schemes benefiting from grant assistance from central government and the European Union.
Northern Trust actively seeks new industrial and office development opportunities throughout the UK for retention in the commercial property portfolio.
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Northern Trust’s portfolio totals more than 8 million sq ft, in c 3,200 units and extends to more than 200 individual/trade and office parks, with the largest industrial estate being 415,000 sq ft, and the largest office park 85,000 sq ft.
Northern Trust are long term property investors, rather than developer/traders of assets, and take long term views on maximising returns through the provision of secure, well maintained employment assets.
Northern Trust subsidiary Whittle Jones Chartered Surveyors, are responsible for the operational management of the Northern Trust portfolio.
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Northern Trust’s land regeneration division has a proven track record and extensive knowledge in the remediation and regeneration of Brownfield urban areas.
With a land portfolio of over 2,000 acres, the company continues to acquire long term land and regeneration development opportunities on an unconditional or conditional basis throughout the UK. |